Hastings Corporation has purchased a group of assets for $25,000.The assets and their relative market values are listed below. $$\begin{array} { | l | r | }
\hline \text { Land } & \$ 6,800 \
\hline \text { Equipment } & 2,900 \
\hline \text { Building } & 3,800 \
\hline
\end{array}$$ Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

Question

Hastings Corporation has purchased a group of assets for $25,000.The assets and their relative market values are listed below. $$\begin{array} { | l | r | } 
\hline \text { Land } & \$ 6,800 \
\hline \text { Equipment } & 2,900 \
\hline \text { Building } & 3,800 \
\hline
\end{array}$$ Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

Quizplus · Accepted Answer

The Answer of Hastings Corporation has purchased a group of assets for $25,000.The assets and their relative market values are listed below. $$\begin{array} { | l | r | } 
\hline \text { Land } & \$ 6,800 \
\hline \text { Equipment } & 2,900 \
\hline \text { Building } & 3,800 \
\hline
\end{array}$$ Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

Hastings Corporation Has Purchased a Group of Assets for $25,000